Examlex
If bonds sell at a premium, the interest expense recognized each year will be greater than the bond interest paid.
Repairs
The process of fixing, mending, or restoring something to its original or proper condition.
Control
The power or authority to direct, manage, oversee, or govern something or someone.
Ratification
The act of formally approving an agreement or action, often after the fact, to make it officially valid.
Principal
The most important or significant entity in a given situation, or the original sum of money in a loan or investment before interest.
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